Expectations meet reality when companies have to show their cards during earnings season. While the hype surrounding the legal cannabis sector has been enormous, pot stock earnings reports crushed expectations.

That’s a great sign for pot stockinvestors. But there’s still time to get in early if you’re sitting on the sidelines.

On Monday (March 18), Tilray Inc. (NASDAQ: TLRY), one of the biggest names in the marijuana industry, smashed investor expectations when it announced a stellar first quarter earnings report.

We aren’t surprised.

After all, Tilray is a leader in North America’s explosive $12 billion marijuana industry.

But Tilray isn’t the only marijuana firm raking it in.

We combed through the earnings reports of the three biggest cannabis stocks on the market to show you just how lucrative this industry is.

Plus, we’ll also show you how to get in on the ground floor of this exciting industry before the next major catalyst hits…

The Federal Assembly of Switzerland has voted in favor of putting cryptocurrency on equal footing as traditional assets.

A Hesitant Vote

99 members of the National Council, Switzerland’s lower house of the Federal Assembly, have supported a motion to put forward proposed regulations by liberal public representative Giovanni Merlini. 83 people voted against, while 10 refrained from voting at all.

The proposed regulations will now have to be considered by the Council of States, which is the Federal Assembly’s upper house. Switzerland’s Federal Assembly is the country’s legislative authority.

Per the proposed regulations, the existing legislation of both administrative and judicial authorities should be adapted and applied to cryptocurrencies as well.

While making his proposition, Merlini argued that:

Cryptocurrencies could be issued to anyone with a decentralized, cryptographic-based peer-to-peer data network. A large part of the cryptocurrencies is completely anonymous, which favored extortion and money laundering.

It’s worth noting that this narrative has little support given Europol’s assessment from late 2018. Reads Europol’s Internet Organized Crime Threat Assessment:

The use of cryptocurrencies by terrorist groups has only involved low-level transactions — their main funding still stems from conventional banking and money remittance services.

Surprising Move?

Merlini’s arguments, as well as the proposed regulations, seem somewhat surprising given the country’s pro-cryptocurrency stance. The country classifies virtual currencies as assets and it has fairly relaxed regulatory burdens and low entry barriers.

In December, the country’s finance minister Ueli Maurer said that instead of coming up with new cryptocurrency-specific regulations, the Federal Assembly will be adapting existing ones to fit the needs of the industry.

Following the motion’s approval, however, Maurer, stated that the proposal has gone further than the scope of the planned regulations.

Arguments have also been made against the motion, as it had failed to clarify how and if there are measures to be taken to mitigate any risks.

Switzerland’s progress in terms of cryptocurrency adoption, on the other hand, can’t be unnoticed. Earlier this week, Bitcoinist reported that the country’s biggest online retailer started accepting bitcoin for payments on their platform.

What do you think of the latest move by Switzerland to approve regulatory changes proposed by Merlini? Don’t hesitate to let us know in the comments below!

Canopy Growth’s growth ambitions in the United States got a new leg up earlier today when the Canadian Cannabis giant announced to have acquired American hemp cultivator AgriNextUSA. The financial details of the acquisitions are yet to surface.

Commenting on the acquisition of AgriNextUSA, Bruce Linton, the CEO of Canopy Growth, said that “The United States is the next stop on Canopy Growth’s desired path to becoming a leading, revenue-generating company focused on all aspects of cannabinoids and their potential.”

Why Canopy Growth Acquired AgriNextUSA

AgriNextUSA remained one of the most vocal advocates for regulating hemp in the United States that was helping to build a legalized hemp industry in the country. With the acquisition of AgriNextUSA, Canopy Growth will be able to accelerate its growth in several key states amid the 2018 Farm Bill that opened up the possibility for treating hemp as a crop.

Canopy Growth has been eyeing to expand into several U.S. states in anticipation that Cannabis products will soon be regulated and the acquisition of AgriNextUSA would open the door for them to expand their operations in the country.

CEO of AgriNextUSA to Join Canopy Growth as a Strategic Adviser

Geoff Whaling, the CEO of AgriNextUSA, is a hemp pioneer and remains a leading advocate for the industry in the U.S. After the acquisition, he is planning to join the Canopy Growth USA as a strategic adviser that will further bolster the core competency of the company.

“Our significant investments, acquisitions, and compilation of talented leaders such as Geoff will position us for swift expansion throughout the United States. By collaborating with a pioneer like Geoff who has been involved with our team since our earliest days in 2013, we will aim to turn hemp supplied by American farmers into a wide range of products,” said Bruce Linton, the CEO of Canopy Growth, while welcoming Mr. Whaling to the company.

Technical Price Analysis of Canopy Growth

Financial terms of the deal were not immediately released with the announcement, the news did not have any immediate impact on the stock price of Canopy Growth. However, we see a Symmetrical pattern forming on the daily time frame as well as on the Stochastic RSI oscillator.

As the stock is trading around the pivot zone around $46.65 per share, if there is a breakout attempt on the downside, the $43.00 per share level should provide adequate support. On the other hand, if we see the stock breaking out above the Symmetrical Pattern, investors should wait for the price to close above $50.00 per share before increasing their exposure to the company.

The formation of Symmetrical patterns will indicate major price movements in the future and given the latest acquisition of AgriNextUSA, there is a high probability that the stock price of Canopy Growth will move upward from here.

China’s late 2017 ICO ban left crypto startups in the country trying to find alternative solutions to raise funds for their projects. Projects started to discover the new trend of Initial Exchange Offerings (IEOs). This innovation allowed them to perform their fundraising with no fear of the law or the authorities.

What is an IEO?

An Initial Exchange Offering, as its name suggests, is conducted on the platform of a cryptocurrency exchange. Contrary to Initial Coin Offerings (ICOs), an IEO is administered by a crypto exchange on behalf of the startup that seeks to raise funds with its newly issued tokens.

As the token sale is conducted on the exchange’s platform, token issuers have to pay a listing fee along with a percentage of the tokens sold during the IEO. In return, the tokens of the crypto startups are sold on the exchange’s platforms, and their coins are listed after the IEO is over. As the cryptocurrency exchange takes a percentage of the tokens sold by the startup, the exchange is incentivized to help with the token issuer’s marketing operations.

IEO participants do not send contributions to a smart contract, such as governs an ICO. Instead, they have to create an account on the exchange’s platform where the IEO is conducted. The contributors then fund their exchange wallets with coins and use those funds to buy the fundraising company’s tokens.

IEOs on exchange platforms

An increasing number of cryptocurrency exchanges have started to embrace IEOs. One of the first in line was Binance, which launched its IEO platform Binance Launchpad. In January, BitTorrent – that was bought by TRON – initiated a token sale on Binance Launchpad and raised $7.2 million in less than 15 minutes, hitting the crowdsale hardcap.

While 15 minutes to sell all tokens in a crowdsale is better than anything a crypto startup can dream of, a token issuer on the Binance Launchpad established an even better record. The second IEO on the cryptocurrency exchange’s platform, Fetch.AI, hit the hard cap of $6 million in just 22 seconds.

After observing the success of Binance Launchpad, other notable exchanges announced launches of their own IEO platforms. Among the IEO platforms are Bitmax Launchpad, Bittrex IEO, OK Jumpstart (OKEx), KuCoin Spotlight, and Huobi Prime.

IEO Exchange Platforms

IEO vs. ICO – what are the differences?

We’ve created a table to show you the main differences between IEOs and ICOs. Here it is:

Advantages and disadvantages of IEOs

Trust

One of the main advantages of IEOs is trust. As the crowdsale is conducted on a cryptocurrency exchange platform the counterparty screens every project that seeks to launch an IEO on its website. Exchanges do this to maintain their good reputation by carefully vetting token issuers.

Therefore, IEOs can eliminate scam and dubious projects from raising funds via cryptocurrency exchange platforms, and it becomes much harder to scam contributors with IEOs.

The RAID IEO case is an excellent example. Recently, Bittrex announced that it had canceled its IEO for the RAID project a few hours before the start of the crowdsale. The reason for canceling RAID’s plan to raise $6 million from contributors was a terminated partnership between RAID and the e-gaming data analytics company OP.GG.

According to Bittrex, the partnership between the two companies was a vital part of the project, and when the cryptocurrency exchange became aware of the event, it decided to cancel the token sale as they believed it was not in the interest of Bittrex’s customers.

Security

Token issuers do not have to worry about the crowdsale security as the exchange is managing the IEO’s smart contract. The KYC/AML process is also handled by the crypto exchange as most service providers do KYC/AML on their customers after they create their accounts.

Easier for the projects

Token issuer startups benefit from the more flawless process of launching IEOs on exchange platforms – compared to doing their ICOs “on their own.” While the fundraising organizations have to pay fees for listing and a percentage of their tokens, the exchange will help them with marketing. So, startups launching their IEOs require a lower marketing budget than if they decide to go with an ICO. Moreover, token issuers can take advantage of the exchange’s stable customer base to receive more contributions to their projects.

Listing

As token listings are also “in the deal,” it is a natural process that the cryptocurrency exchange where the IEO is conducted lists the coin of the startup after the crowdsale is over.

While IEOs seem like a more secure and efficient alternative to ICOs, the costs associated with token sales can be high for startups. Listing fees can go as high as 20 BTC, while exchanges can even take a 10% cut from the tokens of the fundraising companies.

How to participate in an IEO?

As IEOs are currently, relatively rare in the crypto community, it is not that hard to find one that you like. After you’ve found your IEO of choice, you need to find which exchanges are hosting the crowdsale.

The next step is to register an account on the cryptocurrency exchange and complete the KYC and AML verification process.

After you are done with that, check out the cryptocurrencies you can use to contribute to the IEO, and fund your account with a coin that is accepted in the crowdsale. The last step is to wait until the IEO starts to buy your tokens.

Will IEOs create the next fundraising boom?

ICOs created a fundraising boom in 2017 and 2018. However, a significant percentage of the crypto projects were operated by scammers or were of a dubious nature. Because of this, as well as ICO bans, we can say that this is not an efficient fundraising model for cryptocurrency startups.

On the other hand, IEOs provide an increased level of trust among cryptocurrency projects, because the exchanges hosting the crowdsales actively participate in the fundraising process, which improves the efficiency of the crowdsale. Therefore, IEOs have the potential of becoming the standard model for raising funds in the crypto space and maybe even creating the next fundraising boom.

https://dailybitcoinreport.com/wp-content/uploads/2017/09/bitcoin-300x59.png00Crypto Potatohttps://dailybitcoinreport.com/wp-content/uploads/2017/09/bitcoin-300x59.pngCrypto Potato2019-03-21 16:12:302019-03-21 16:12:30What is an Initial Exchange Offering (IEO) and How it differs from ICO?

Bitcoin.com is always been on a quest to promote Bitcoin adoption. Our educational resources, forums, newsdesk, and other services reflect that mission on a daily basis. Now our web portal is introducing a feature called Local Bitcoin Cash, a service that facilitates the peer-to-peer trading of local currency for bitcoin cash (BCH). The new service will be launching soon and users will be able to directly exchange BCH securely and without know-your-customer (KYC) requirements.

Local Bitcoin Cash

Over the last few years, cryptocurrencies have grown increasingly popular and those digital assets are far more accessible than they were in the early days. As the industry has matured, Bitcoin.com has grown into an extensive Bitcoin-themed web portal that offers a wide array of resources and services that bolster cryptocurrency accessibility. Now, Bitcoin.com is proud to announce the launch of a new service called Local Bitcoin Cash. The peer-to-peer exchange will be a great resource for the community and will advance our continued mission to promote economic freedom to everyone in the globe by introducing them to the great benefits of BCH.

The Local Bitcoin Cash trading platform will have three key ingredients that will make the exchange different to most peer-to-peer exchanges. Firstly, privacy will be of utmost importance and there will be no KYC verification required for Local Bitcoin Cash users. Secondly, the platform will provide end-to-end user side encryption; a system of communication where only users can read and decrypt their messages. Finally, just like our popular noncustodial Bitcoin.com Wallet, the peer-to-peer Local Bitcoin Cash exchange will be secure as the service never touches your funds.

Local.bitcoin.com will be launching soon and our readers at news.Bitcoin.com can get on the list to receive early bird notification when the Local Bitcoin Cash trading platform goes live.

An Exchange That Bolsters Bitcoin Cash Accessibility

The trading platform will allow users to see who’s buying and selling so that “offers” can be considered. Anyone in the world can post a bid to buy or sell BCH and all offers can be filtered by payment method, currency, location, and popularity. There will be a wide array of accepted payments from bank transfers and gift cards so people can purchase and sell bitcoin cash using a variety of payment methods.

Once you find a proposal you’re happy with, simply open a trade with anyone on Local.bitcoin.com. Choose the amount of bitcoin cash you want to buy or sell, and then lock the rate in. After the traders reach an agreement they can then make the exchange. Payment details are always discussed using end-to-end encrypted messages. From there, the BCH goes into an escrow account and once the seller confirms payment, the BCH is released from escrow to the buyer.

As mentioned above, bitcoin cash adoption and accessibility is one of Bitcoin.com’s primary goals and over-the-counter platforms are some of the most private ways to purchase cryptocurrencies. Moreover, not everyone in the world has access to a local trading exchange so in some countries peer-to-peer platforms are the only way to buy digital assets. A multitude of payment methods also extends crypto penetration even deeper because most online exchanges only offer a few funding options. Local.bitcoin.com will be launching soon and our readers at news.Bitcoin.com can get on the list to receive early bird notification when the Local Bitcoin Cash trading platform goes live. Simply head to the Local Bitcoin Cash portal and click on the button marked “Stay notified.”

What do you think about our upcoming service Local.bitcoin.com? Let us know what you think about this subject in the comments section below.

At Bitcoin.com there’s a bunch of free helpful services. For instance, have you seen ourTools page? You can even look up the exchange rate for a transaction in the past. Or calculate the value of your current holdings. Or create a paper wallet. And much more.

The index which measures Bitcoin’s overall percentage of the total cryptocurrency market share by market capitalization is currently recording its 8-month low: Bitcoin Dominance recently recorded a low of 50.7%, which is the lowest it has been since mid-August 2018. Bitcoin’s current total market capitalization stands around $71.5 billion, while Bitcoin’s price is struggling to stay above $4000.

Why is Bitcoin dominance a significant data factor to look at?

As Cryptopotato reported back in September 2018, Bitcoin’s price has always been an important and leading indicator of how well the cryptocurrency market is doing. It also impacts directly the dominance index.

Bitcoin has always been the primary cryptocurrency, especially in the period between 2009 and 2016 when the Altcoins weren’t so popular. For example, in February 2017, Bitcoin dominance was almost 88%, making its current condition a far cry of what it was.

Following the 2017 ICO boom, however, many Altcoins started to grow in popularity and, respectively, in price and market cap. This caused them to acquire a larger percentage of the market share, hence lowering Bitcoin’s dominance index over the crypto market cap.

Periods, when Bitcoin’s dominance is decreasing steadily, are indicative of the so-called ‘Altcoin season’ or ‘altseasons’. This term is used to describe a period in the market cycle when Altcoins tend to experience large spikes in their value against Bitcoin, which is also usually bringing their USD value. This is usually takes place when Bitcoin is stable.

Can we declare on Alt-Season 2019 or not yet?

We’ve recently discussed the formation of an Altseason in 2019. One very strong indicator that signaled it was the rising interest toward Altcoins as demonstrated by Google Trends. In addition, with Bitcoin dominance continuing to drop, it appears more and more deterministic that 2019’s spring will be all about altcoins.

However, It’s also worth noting, that the interest towards Altcoins is nowhere near its all-time high peak back in late 2017.

We’ve already seen some of the cryptocurrencies such as Binance Coin (BNB) lead the march, managing to almost double up in price for a brief monthly period.

Just today, at the time of this writing, another altcoin – Ontology (ONT) has surged upwards of 12 percent in the last 24 hours. Ravencoin (RVN), on the other hand, is up more than 23 percent on the day. It is exactly spikes like these in minor altcoin’s prices which demonstrate the presence of an Altseason.

DLT assists in reducing inefficiencies and improve the speed of doing business by providing a single, shared version of events and implementation of standard business functions. The distributed ledger technology (DLT) and HYBSE technologies consolidate brokers, clearing houses, custodian escrows and settlements into one complete package. HYBSE assumes the role of central equity exchange and functions as a central counter-party, through which financial transactions between different parties are handled and cleared on a global scale.

Day to day traders can now trade bluechip shares from all over the world on one platform. There are currently 17 companies being processed to trade on HYBSE, some of these include:

Ð.Daimler Mercedes Benz

Ð.SAP SE

Ð.ABB STK N

Ð.Amazon COM STK

Ð.Apple Inc.

Ð.Alphabet (Google)

Ð.Investec Ltd.

Ð.Old Mutual Ltd.

Ð.Standard Bank Group

A selection of these companies will be open to trade going forward from today.

About HYBSE

HYBSE is an online digital equity exchange, clearing, settlement, custodian and money market platform, using Digital ledger echnologies (DLT). The HYBSE has a licence from The Kingdom of Lesotho and offers small and medium enterprises (SME’s), as well as the general market to seek and access global capital. The HYBSE is a borderless, user-friendly platform were equity securities such as shares, and other currencies are traded 24 hours a day throughout the year.

The Bitcoin (BTC) market capitalization dominance currently being at its lowest level in seven months is not exactly bad news. Why? Because the lowest Bitcoin dominance indices have historically coincided with a higher bitcoin price.

Bitcoin Dominance Slips Despite Price Gain

According to CoinMarketCap data, the BTC market dominance now stands at 50.8 percent. This figure represents the lowest market dominance since mid-August 2018.

Data shows that Bitcoin’s share of the total cryptocurrency market capitalization has been sliding downwards since the latter part of January 2019. The drop in market share comes despite Bitcoin price trending upwards in the last four weeks.

As previously reported by Bitcoinist, BTC finished the week ending March 17, 2019, on a positive note to make it four consecutive weekly gains. The last time, BTC enjoyed such a run was in April 2018.

Bitcoin Optimism Continues to Grow

Dominance slide or not, there is growing optimism among BTC bulls as to prospects of the cryptocurrency in 2019. Bitcoin trading guru, Tone Vays says he predicts BTC at $6,000 as long it breaks the $4,200 barrier.

But Vays isn’t the only one who sees BTC going beyond the $5,000 mark with TRON CEO, Justin Sun forecasting that Bitcoin would trade between $3,000 and $5,000 in 2019.

Tom Lee of Fundstrat, in a market outlook delivered at the start of the year, also declared a reversal of negative market factors adding to a tailwind that would push BTC price higher in 2019.

Should a declining dominance constitute a worry for Bitcoin users? Well, historical data shows the opposite as the lowest Bitcoin dominance index ever recorded was around 32 percent in December 2017 when the BTC price was at its record high of $20,000.

Altseason Dilutes BTC Market Share

So, with consistent price gains over a significant amount of time, why then is the BTC dominance index slipping. The trend seems most likely due to the steady rise of the altcoin market value diluting the BTC market share.

Bitcoin Cash (BCH) is up a whopping 22 percent in the last seven days, with Litecoin (LTC) and Ethereum (ETH) also posting impressive 7-day gains. All top ten altcoins are currently showing positive price movements over the last seven days as well.

Outside of the top ten, tokens like Maximine Coin, KuCoin Shares, Ravencoin, and Huobi Token have also surged more than 50 percent within the same period. Dubbed “altseason,” the massive price increase of many altcoins at the same time is having a negative impact of BTC dominance.

The total cryptocurrency market capitalization now stands at $141 billion, its highest level since late February 2019, no doubt partly due to the current altcoin resurgence. Massive price gains aside, some experts like Mati Greenspan, Senior Market Analyst at eToro, say investors shouldn’t get carried.

Ginormous price movement is not an indication of a worthwhile token. Please stay safe during this #altseason and always #DYOR before investing.

However, one pertinent question is whether this impact on dominance extends outside market capitalization figures; a metric which often gets a lot of flak from many experts.

Moreover, Bitcoin users probably shouldn’t be too concerned. The lowest Bitcoin dominance index ever recorded was around 32 percent in December 2017 when the BTC price was at its record high of $20,000.

Do you consider market dominance a meaningful indicator? Share your thoughts with us in the comments below!

After peppering the $4,000 price point for days, Bitcoin price closed over above the $4k barrier for the first time in March. Let’s take a closer look at the price action to see it there is any sign that this time the price level can be maintained.

DAILY CHART

The Daily Bitcoin chart clearly shows that bitcoin price 00 is well underway with its fourth attempt to break $4k since the December 2018 lows. The market posture remains in that of a bottom pattern with an Adam and Eve and an inverse head and shoulders within the Eve Cup.

Should these classical charting patterns play out, it would imply a move towards a $5,000 bitcoin price would be on the cards. However volume remains low and this muti-month pattern is taking its time to grind out.

The MACD is crossed bullish with its signal line and remains in bullish territory, but is generally quite flat, which is also the case with the volume.

4-HOUR CHART

The 4-hour chart shows that despite the daily close being above $4k, the previous resistance found at $4040 last week, remains an issue for the bulls. The task at hand to go some way to confirm the move, is to turn previous resistance at $4000 into support.

Should this occur and BTC begins to challenge $4200 to break the yearly highs, new buyers may start entering the market. This may also push out bearish positioned traders who will look to exit.

The MACD at the time of writing shows that the bulls are starting to look somewhat tired and significant Buyers failed to step in at the start of the EU session.

Looking at the orderbook, we can see that sizable sell orders remain on the books, acting as a hurdle of liquidity suppressing the BTC price, which the bulls need to overcome. There are signs that the bulls are starting to backfill orders at $4000, which will be necessary to sustain price at these levels.

Failure to do so amidst low volume will potentially mean that the bears will step in and push the market back down to retest last week’s lows of $3850.

WEEKLY CHART

The Weekly chart shows Bitcoin is on its fifth consecutive weekly green candle and is notably mid break of the 20-week moving average (WMA). which is the center of the Bollinger bands. This would be significant as it has previously acted as resistance.

The Upper band of the Bollinger bands, which is two standard deviations from the center line, provides confluence with the targets discussed of around $5000 for Bitcoin price. Whereas a failure implies risk to the downside of around $2500. But this would mean the bears needing to break the 200 WMA, which has held on each asking thus far.

In summary, bitcoin price continues to grind its way higher but continues the threaten a more significant move. With 10 days remaining in March and with price being pressed against $4,000 once again, it is likely that the next move with be a definitive one in terms of dictating the price action for the following few weeks.

However, the market remains in bearish territory, which must not be overlooked. Higher highs across multiple timeframes will be the first step in a trend change. But until then, despite the good news on low timeframes, the macro view of bitcoin price remains bearish until proven otherwise.

In this edition of The Daily, we feature a couple of announcements by leading crypto exchanges. Binance starts selling cryptocurrency for cash at newsagent stores in Australia, while Huobi is launching its new token listing platform. In other news, Aeternity and Satoshipay join forces to offer faster crypto micropayments andNvidia expects to clear mining chip inventory in this quarter.

Binance to Sell Cryptocurrencies at Newsagents in Australia

Binance, the world’s leading cryptocurrency exchange by volume, has announced the launch of Binance Lite Australia, a platform that will allow local residents to buy cryptocurrency at more than 1,300 newsagents across the country. Currently, the new cash-to-crypto service supports only purchases of bitcoin core (BTC) with Australian dollars (AUD) but other digital coins and fiat currency options will be added in the future.

To acquire the crypto, customers will have to place an order online and then deposit the cash at the nearest newspaper kiosk. But before they can do so, they will have to provide their personal details and pass account verification on the website of the platform, binancelite.com. Verified users will be able to place their orders and receive the coins within minutes, the exchange promised in a blog post. Binance Lite Australia will charge a 5 percent fee for the service.

Token Launchpad Huobi Prime to Go Live on Tuesday

Digital asset exchange Huobi announced the launch date of its new token listing platform. Huobi Prime will go live next Tuesday, March 26, the company revealed in a tweet this week. The first campaign based on Huobi’s launchpad will be held by a project called TOP Network, which will distribute 1.5 billion TOP tokens among its users in three 30-minute rounds.

According to the announcement, Huobi Prime will allow crypto projects to trade their coins immediately in a model described by the exchange as “direct premium offering.” Tokens issued through the platform, which is an alternative to Binance Launchpad, may be listed in the future on Huobi Global and Hbus in trading pairs with USDT, BTC, ETH, and KRW.

Aeternity Invests in Micropayment Platform Satoshipay

Aeternity, a project developing a blockchain protocol for smart contracts with open code, has acquired a stake in Satoshipay. According to a press release, the deal was sealed during the latest financing round for the micropayment service. Satoshipay will now be able to integrate Aeternity nanopayment solutions and offer its users faster transactions.

Axel Springer SE, one of the largest digital content companies in Europe which runs news outlets such as Upday, Die Welt, Bild, and Business Insider, will be among the first users of the new services offered by Aeternity and Satoshipay. Its users will be able to pay for the content with cryptocurrency via the Satoshipay wallet.

Nvidia to Clear Mining GPU Inventory

Video card manufacturer Nvidia is expecting to soon clear the excess inventory accumulated in anticipation of high demand for cryptocurrency mining equipment. The company believes it will manage to achieve that during Q1 of 2019, according to comments made by its CFO Colette Kress during a meeting with investors in California this past Tuesday, Bloomberg reported. The stockpile of unsold graphics processing components was created when the sales of chips dropped last year following the decline in cryptocurrency prices.

What are your thoughts on today’s news tidbits? Tell us in the comments section.

Images courtesy of Shutterstock.

At Bitcoin.com there’s a bunch of free helpful services. For instance, have you seen ourTools page? You can even lookup the exchange rate for a transaction in the past. Or calculate the value of your current holdings. Or create a paper wallet. And much more.